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June 20, 2005

Seprod Limited(SEP)- AGM

The Sixty – Sixth Annual General Meeting of the Company will be held at The Knutsford Court Hotel, 16 Chelsea Avenue, on Monday, August 8, 2005 at 11:00 a.m.

H & L – Reorganization of Subsidiaries

The Board of the Company agreed to implement an internal organization of its group of companies through (inter alia) a scheme of reconstruction whereby assets, liabilities and the entire businesses